Is ETH the King of Altcoins ? - page 9.

blockman

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Quote from: podluznyj on May 23, 2023, 03:33:10 PM

I completely agree with you Ethereum is the future of the crypto industry, I believe that this cryptocurrency is the future on the planet,

I thought that everyone agrees that the future of crypto is within bitcoin. But in terms of altcoin shares then you can count on Ethereum.

Quote from: podluznyj on May 23, 2023, 03:33:10 PM

but the price of course fluctuates and is not as great as that of bitcoin, but still the ether is the king of altcoins, because all possible payment transactions are involved on it for gas and also buterin will not let such a cryptocurrency die once, it’s not for nothing that he invented it

It is common that ETH is fluctuating because just as Bitcoin, ETH is also volatile and that makes it a good alternative for those who are looking another investment after Bitcoin. But before you invest on it, make yourself known that it's best to have Bitcoin before anything else including ETH.

podluznyj

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ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.

I completely agree with you Ethereum is the future of the crypto industry, I believe that this cryptocurrency is the future on the planet, but the price of course fluctuates and is not as great as that of bitcoin, but still the ether is the king of altcoins, because all possible payment transactions are involved on it for gas and also buterin will not let such a cryptocurrency die once, it’s not for nothing that he invented it

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ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.

I think ethereum is in such a position that it has occupied a very good position. However, the price of ethereum is dumping now due to the bad market. However, it is expected that the price of ethereum will rise again as before when the cryptocurrency market is good. But for that We have to wait for some time. If we want we can invest some money in Ethereum now it will bring us profit.

Godday

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Yes ETH is the king of Altcoins. But given the current technological developments I think it's only a matter of time before BNB or Polygon replaces ETH as the king of altcoins. I have several reasons for that but my main point is that ETH GAS Fees are very expensive and it will have an impact on the development of ETH as the king of altcoins Huh

Rasa nanas

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ETH's largest market capitalization after BTC, the title of altcoin king is deservedly given to ETH. I still remember the first time I played crypto in 2017 Rank 2 on CMC often changed, but in the last few years no one has been able to take rank 2 CMC from ETH. This fact shows how big ETH is compared to other altcoins and to replace ETH as the king of altcoins is not easy.

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I agree if someone says ETH is the king of altcoins. There is currently no altcoin with a market cap as big as ETH, and I don't think it will be replaced in a short time. I am very amazed, even with very high network fees there are still many people transacting on the ETH network. I think this is enough to show how successful ETH is right now.

mich

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Well I was pleased to read about this 'bullish' news for Visa credit cards with Ethereum. Visa credit cards is deploying what it is called 'Paymaster' on Ethereum testnet.

This will be a big change for the market to have gasless transactions. https://cryptopotato.com/visa-deploys-paymaster-contracts-on-ethereum-testnest-for-gasless-transactions/

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Quote from: yohananaomi on May 22, 2023, 08:16:38 AM

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ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.

everything will be the same as what you said, that it must be admitted that until now eth is still the best for altcoins, and always gets its portion, even though there are many good altcoins, all investors still hope for eth until now. it seems very difficult and irreplaceable, although maybe BNB could very well become eth's rival in the future. if bitcoin improves, then you can be sure that all the best altcoins will also follow and it's not unusual and so far it has been like this, when bitcoin reaches ATH it will also be followed by the best altcoins.

I am interested in your statement saying that BNB will be ETH's Rival. My view is still very far. BNB's younger brother, Eth, is unlikely to quickly overtake ETH's position as the King of Altcoins, even though it has a large number of users. Investors are now very proficient in determining their long-term investments. The choice is exactly the king of coins and the king of altcoins.

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Quote from: ?? on ??

ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.

everything will be the same as what you said, that it must be admitted that until now eth is still the best for altcoins, and always gets its portion, even though there are many good altcoins, all investors still hope for eth until now. it seems very difficult and irreplaceable, although maybe BNB could very well become eth's rival in the future. if bitcoin improves, then you can be sure that all the best altcoins will also follow and it's not unusual and so far it has been like this, when bitcoin reaches ATH it will also be followed by the best altcoins.

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Quote from: terciduk123 on May 17, 2023, 06:43:34 PM

Ethereum has long been ranked second only to Bitcoin in terms of market capitalization, and it is currently the best Altcoin. If Bitcoin is the king, Ethereum is the queen.
Many projects are competing to construct new Blockchains that are said to be faster and more usable than Ethereum, but in the end, they are no better than Ethereum. Ethereum is really good since it allows developers to construct a wide range of things. And, for the time being, Ethereum is the network with the most active users.

You can say that again. Even so-called "Ethereum killers" are using the EVM as their backbone. Developers can create or port Ethereum-based smart contracts written on Solidity into other blockchain networks compatible with the EVM. It's no wonder why Ethereum is still the "King". Only chains with their own programming language built from scratch (Sui, Aptos, among a few others) have a better chance of beating Ethereum in the long run.

So far, competing chains have been unsuccessful in their quest to take down Ethereum as the leading altcoin in the market. I doubt that will change in the future. Crypto/Blockchain tech is all about diversity, so why focus on replacing ETH when developers can build their own successful blockchain that will last for generations? Just my opinion

Astanay_D40

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I think we still need some time with cryptocurrency to fully understand its' influence on the economy to say what is "the King", most of the crypto its still unstable and even ETH can lose ground

terciduk123

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Ethereum has long been ranked second only to Bitcoin in terms of market capitalization, and it is currently the best Altcoin. If Bitcoin is the king, Ethereum is the queen.
Many projects are competing to construct new Blockchains that are said to be faster and more usable than Ethereum, but in the end, they are no better than Ethereum. Ethereum is really good since it allows developers to construct a wide range of things. And, for the time being, Ethereum is the network with the most active users.

timoshani

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legal, the king of alcoins is ethereum in this forum no one disagrees if ethereum is the king of alcoins, this proves ethereum is a big coin and in the future ethereum coin cannot be competed with other alcoins, if btc is destroyed can ethereum replace btc ?

Yes, Ethereum is not only the king of Altcoins, he is the progenitor. If there was no ETH, no such variety of tokens. But if Bitcoin dies, then Ethereum can hardly be kept. With the death of BTC, the whole world of crypto will collapse. Let's hope this does not happen in our lifetime)

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legal, the king of alcoins is ethereum in this forum no one disagrees if ethereum is the king of alcoins, this proves ethereum is a big coin and in the future ethereum coin cannot be competed with other alcoins, if btc is destroyed can ethereum replace btc ?

The topic can be quite subjective, IMO. Other people can have a different view on this because they are trailing a different coin as there a other altcoins that boast a much bigger growth in the past year but just like what I've said, it's subjective. But in terms of trading volume per day, ETH can be hailed as the king of altcoins and it has been listed on the Forbes as #1 among altcoin's category.

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if btc is destroyed can ethereum replace btc ?

Quite impossible, I reckon. But if bitcoin will vanish or from your words, is destroyed, top altcoins like ETH are also expected to follow the trend.

dlightag

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Ethereum is the king of alt-coins in the cryptocurrency industries, because after Bitcoin next to see is the Ethereum, which has the second large amount of cryptocurrency liquidity in the cryptocurrency market, where many others Alt-coins depends on the Ethereum Blockchain for any given transaction.

terencio

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I think ETH is the King of Altcoins for now, but it may not last forever. ETH has a lot of advantages, but it also has a lot of challenges. ETH needs to successfully transition to ETH 2.0, which is not guaranteed.

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Quote from: Anonymous100 on May 06, 2023, 04:07:10 PM

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legal, the king of alcoins is ethereum in this forum no one disagrees if ethereum is the king of alcoins, this proves ethereum is a big coin and in the future ethereum coin cannot be competed with other alcoins, if btc is destroyed can ethereum replace btc ?

When Ethereum was made the king of altcoins in many opinions. Not that Ethereum can replace everything. Destroying Bitcoin is tantamount to destroying the crypto market. So it's not right if you ask "if btc is destroyed can ethereum replace btc ?". You have to ask, what would happen to Ethereum if Bitcoin didn't exist? Maybe Ethereum doesn't exist either? This is not the right time to talk about BTC crashing or anything, because investors are investing in Bitcoin in droves. If you still ask questions like that, it seems you wrote something without thinking about the facts.

They will grow together, but I doubt ETH will ever flip BTC. Bitcoin is the king and started it all. BTC is the original cryptocurrency, the most decentralized, with an organic and anonymous creation. None of that will be replicated again, therefore it is special. Ethereum is a completely different use case and they will both grow together.

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its king of high transaction fees ?

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Quote from: StreakW on May 13, 2023, 01:56:40 AM

Indeed, Ethereum is often considered the king of altcoins. One of the main reasons is that Ethereum has the largest ecosystem and community of developers in the crypto market. Additionally, Ethereum 2.0 has already been launched, which aims to address the scalability and high cost issues plaguing the Ethereum network. With this upgrade, Ethereum can solidify its position as a major player in the cryptocurrency market.

What's new? You repeated same things that's already been discussed in these 12 pages.
Tell us something we don't know. How does it become king with that upgrade? Or was it downgrade? POW to POS maybe a big mistake?

StreakW

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Indeed, Ethereum is often considered the king of altcoins. One of the main reasons is that Ethereum has the largest ecosystem and community of developers in the crypto market. Additionally, Ethereum 2.0 has already been launched, which aims to address the scalability and high cost issues plaguing the Ethereum network. With this upgrade, Ethereum can solidify its position as a major player in the cryptocurrency market.

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